Payments – Page 4 – Ƀitsell X

Today in Crypto: Binance Saw ‘Significant’ Outflows Since CZ Announcement, KuCoin Launches KuCard, 10101.art Reveals Sale of Banksy’s Turf War

November 22, 2023

Source: 10101_art / Twitter Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Exchange news According to the blockchain data analytics platform Nansen‘s analysis of Binance’s netflows, Binance has seen significant exchange outflows since the announcement of Changpeng Zhao (CZ) stepping down…
Read more

Centralized Provider Problem Causes Nationwide Digital Payment Meltdown in Spain: Users Turn to Crypto and Cash

November 21, 2023

A problem with Redsys, a third-party platform used in all of Spain, caused a meltdown for almost all of the digital payment options in the country, leaving citizens without means of payment for hours. The incident left stores without the possibility of using credit and debit cards for receiving payments, and users had to turn…
Read more

Nigeria’s Fintech Startup Paystack Cuts Workforce, 33 Employees to Depart

November 18, 2023

The Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help affected employees secure new roles elsewhere. ‘Localizing Costs and Getting Closer to Customers’ The payments fintech…
Read more

Coinbase Unveils Open Source On-Chain Payments Protocol to Offer Instant Settlement for Merchants

November 17, 2023

Source: AdobeStock / rarrarorro San Francisco-based cryptocurrency exchange Coinbase has introduced an open-source On-Chain Payments Protocol to its Coinbase Commerce product. The new protocol aims to enhance the payment experience for merchants and customers by providing instant settlement, low fees, and broad asset support, the exchange said in a Thursday announcement. Coinbase Commerce is a platform…
Read more

Today in Crypto: SC Ventures’ Platform to Enable First-Ever Tokenized Singapore Dollar Government Bond Fund, Pundi X Reveals ‘Pay via Email’ Feature

November 14, 2023

Source: AdobeStock / Alex Yeung Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Banking news SC Ventures, the innovation, fintech investment, and venture arm of banking giant Standard Chartered, announced the launch of Libeara, a tokenization platform that will enable the…
Read more

Pay and dump? How businesses accepting crypto payments influence adoption

November 8, 2023

Crypto payments are often seen as a way to boost adoption, but is adoption growing if the business sells crypto right back? The answer is complex. Cryptocurrency enthusiasts often argue that businesses need to start accepting crypto as payments for adoption to grow — boosting usability and potentially creating strong demand for these currencies. Some…
Read more

US CFPB proposes supervising digital app providers, including crypto wallets

November 8, 2023

The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading. The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend…
Read more

Help or hindrance: Is Web3 really improving mainstream industry and products?

November 4, 2023

Web3 business models based around NFTs, blockchain and crypto have slowly been gaining ground in the mainstream, to mixed success. Web3 has been gaining ground in mainstream industries with the rise of Web3 business models based around nonfungible tokens (NFTs), blockchain technology and crypto. But it’s still an open question whether it’s actually improving mainstream…
Read more

Boba Guys, Shopify users showcase adoption of Web3 tools — Solana Breakpoint

November 3, 2023

Mainstream commerce and big brands report improved business results and promising loyalty programs through integrations with the wider Solana ecosystem. Web3 tools powered by layer-1 blockchain Solana are driving tangible returns and delivering deep customer data insights, according to prominent mainstream brands and companies that attended Solana Breakpoint. The four-day conference in Amsterdam attracted a…
Read more

Mastercard Partners with MoonPay to Explore Multiple Integrations

October 26, 2023

Digital assets payment platform, MoonPay announced a partnership with global payment firm Mastercard to advance web3 integrations, build connections, and boost marketing tools. MoonPay revealed the new development in a blog post adding on X (Twitter) that Keith Grossman the company’s Enterprise President and Raja Rajamannar Mastercard’s Chief Marketing Officer spoke on the move at…
Read more

Category: Payments